dancerjodi (
dancerjodi) wrote2005-03-03 02:11 pm
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Motley fools
I love these guys! I'm reading through their 401k section (finally signing up for mine here, eventually will look into rolling in the one from THP). They say:
"The typical investment choices in a 401(k) plan are likely to be:
* Money market funds
* Stable value accounts (guaranteed investment contracts (GICs) or bank deposit accounts)
* Bond mutual funds
* Stock mutual funds
* Llamas
Kidding. Llamas are not offered as an investment vehicle under any 401(k) plans. If your 401(k) is for some reason offering llamas, consider instead working for a company that is not run by somebody who's insane. Choosing to invest in llamas cannot possibly help your retirement. Now, back to the boring stuff . . . "
"The typical investment choices in a 401(k) plan are likely to be:
* Money market funds
* Stable value accounts (guaranteed investment contracts (GICs) or bank deposit accounts)
* Bond mutual funds
* Stock mutual funds
* Llamas
Kidding. Llamas are not offered as an investment vehicle under any 401(k) plans. If your 401(k) is for some reason offering llamas, consider instead working for a company that is not run by somebody who's insane. Choosing to invest in llamas cannot possibly help your retirement. Now, back to the boring stuff . . . "
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*snarf*
Kate
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Oh, here's something similar, but without pictures of llamas:
http://alpacawa.org/articles/INVSTALT2004.shtml